economy carter

economy carter - • Pledged to eliminate federal deficits...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Economy Received it with high unemployment and inflation Attempted to create prince controls that would keep prices lower but disagreements with congress left it useless 4.8 percent annual inflation in 1976 but 12 percent in 1980
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: • Pledged to eliminate federal deficits but deficit grew from 27.7 billion to 59 billion from 1979-80 • Decline in worker productivity accompanied with rise in competition from Germany and Japan •...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online